IGUV

COMPLIANCETOOL.CH

For anyone holding or applying for a FINMA license, professional compliance, secure risk management and a corresponding organizational structure are essential. The IGUV-ComplianceTool offers an efficient and cost-effective solution for this.

ENGLISH
German

Independent asset managers can use each other as a compliance function, provided that they do not generate more than CHF 2 million in revenue, do not employ more than 5 people and their business model is deemed risk-free by FINMA.

Advantages of the IGUV-ComplianceTool:

  • Flexibility: Asset managers can use any person as a compliance function and replace them at any time.
  • Automation: Recurring processes are automated, which saves time.
  • Security: All actions in the tool are recorded with time, ID and type of activity.
  • Cost structure: Costs are based on the actual services provided and not on the assets under management.

External Compliance Officer:

IGUV now offers an additional compliance solution. In addition to the option of hiring an internal employee or an external auditor for compliance audits, IGUV now also offers a selection of its own compliance auditors. The scope of services is clearly defined from the outset, and billing is handled centrally via INVESTORY. The compliance officer is the point of contact for all compliance issues and performs all work with the compliance tool online.

Compliance Officer Requirements:

  • At least 5 years of professional activity.
  • Curriculum vitae, criminal record extract, debt enforcement information.
  • Approval by the IGUV Board of Directors.

Try our ComplianceTool:

See the benefits of our tool for yourself and request a quote.

GET A QUOTE FOR COMPLIANCETOOL

Banking Setup

Estimate these numbers and take the average if multiple custodians. The following is to estimate the scanning effort, storage requirements, and number of compliance checks required.

Asset Manager Setup

These include, for example, KYC, identification, VV mandate, suitability test, conditions, note customer segmentation, conflict of interest, ombudsman office, etc.
The optional documents include financial plans, tax returns, wills, living wills, etc., which the customer can access online.

Additional options

WHAT DOES COMPLIANCETOOL.CH?

  • User-dependent permissions
  • Secure area for storing and sharing confidential, password-protected PDF documents.
  • Login for the customer to released documents
  • Login for auditors and reviewers, with access to documents that can be reviewed online
  • Login for the bank, with access to the released bank documents
  • Access for the examiner only when all documents are complete
  • Individual compliance checks tailored to needs
  • All interactions are logged and are traceable
  • No second manual entry of customer data in the system
  • Multiple encrypted data backup
  • Dedicated servers in Switzerland
  • Automatic backups
  • Documents and checks can be edited, deleted, added to, replaced or archived
  • Automatic classification of clients into AMLA risk categories
  • Online training
  • CI-neutral tool as subdomain

ADVANTAGES FOR THE COMPLIANCE OFFICER

  • The auditor can only check documents with the status "ready". If mandatory documents are missing, the customer dossier remains in the status "incomplete" and cannot be checked. This ensures that the auditor only checks complete customer dossiers.
  • Any number of mandatory and voluntary checks can be created for each document. If a mandatory check is not accepted, the document and thus the entire dossier remains "incomplete".
  • To correct a defect, the inspector can schedule an appointment. Each check is logged in detail and can be reviewed and verified.
    In the customer overview, the auditor can see the AMLA risks of all customers, the status and the open deficiencies at a glance.
  • As soon as all checks have been accepted by the auditor, the customer receives the status "OK". This means that recurring checks of documents that have already been checked can be avoided in the future.
  • All examinations can be performed online and thus also from the home office. Auditors who are also members of IGUV can use the tool free of charge.
  • Upon request, auditors will be added to our list of auditors so that further interested interested asset managers can contact them. can contact them.

OTHER ADDED VALUES

  • No identifying customer data is recorded in the system = more security, less effort.
  • In e-mail correspondence with customers, no confidential documents are sent, only the link to a password-protected file = more security, leaner e-mails.
  • The client can have important documents stored digitally by the asset manager = additional service and support for the client.
  • An individual and fair pricing, depending on various factors = conditions, which are adapted to the effective needs of the asset manager.

OPTIONAL SERVICES

  • Adaptation to the corporate design
  • Installation on the company's own server
  • Starter support, set-up, scanning, PDF preparation including training
  • Individual adjustments to the programme
  • Individual training on site
  • External compliance service providers
  • Audit with the supervisory organisation
  • Extended Support Packages

© 2020-2024 by IGUV - CHE-178.551.203 (UID)
Terms of use - Privacy policy - Legal notice - Code of ethics